« previous next »

Author Question: Protection provided to the infant industries is rarely withdrawn because: a. the costs of ... (Read 103 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Jun 30, 2018
Protection provided to the infant industries is rarely withdrawn because:
 a. the costs of withdrawing protection outweigh the benefits.
  b. the industries begin to experience diseconomies of scale.
  c. it leads to a loss of government revenue.
  d. the industries produce goods which are close substitutes of the imported goods.
  e. the larger and more successful the industry becomes, the more political power it wields.

Question 2

Alternate Outputs from One Day's Labor Input: United States: 12 bushels of wheat or 3 yards of textiles. Great Britain: 3 bushels of wheat or 12 yards of textiles. From the data above, the United States
 a. has an absolute advantage over Great Britain in the production of textiles.
  b. has an absolute advantage over Great Britain in the production of wheat.
  c. has a comparative advantage in the production of textiles
 d. should export textiles to Great Britain.


asware1

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

vicky

  • Hero Member
  • *****
  • Posts: 586
Reply #2 on: Jun 30, 2018
Correct answers!


asware1

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Basal cell carcinoma, a frequent type of skin cancer that rarely metastasizes. Basal cell carcinoma, a frequent type of skin cancer that rarely metastasizes.
Sitting up allows an infant to reach and grasp with one hand, but the process by which reaching ... Sitting up allows an infant to reach and grasp with one hand, but the process by which reaching ...
Madonna and Child with St. Anne and Infant St. John the Baptist. Madonna and Child with St. Anne and Infant St. John the Baptist.
Perform Infant Rescue Breathing Perform Infant Rescue Breathing
Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach Infant and Toddler Development and Responsive Program Planning: A Relationship-Based Approach
Anatomic and Physiologic Considerations with Infant and Child Patients Anatomic and Physiologic Considerations with Infant and Child Patients
Video: Stretch reflex & Tendon reflex

For a complete list of videos, visit our video library